Title: Corporate governance in the global economy: international convergence or continuing diversity?
Abstract:The corporation in all its forms is ultimately a creature of the state. Whatever its origins and purposes, the corporation is an artificial institution, granted certain status and privileges, and usua...The corporation in all its forms is ultimately a creature of the state. Whatever its origins and purposes, the corporation is an artificial institution, granted certain status and privileges, and usually limited in its activities in various ways. This chapter focuses on the status and direction of business corporations within the political jurisdictions (“polities”) that constitute their host environments and that establish the bases and limits of their powers. The issues involved can be best understood as aspects of corporate governance, which includes both the pattern of enterprise ownership (including state ownership) and the ways in which ownership, regulation, and other bases of control are utilized to legitimate the corporation as an institution and direct/restrict its activities.Read More
Publication Year: 2009
Publication Date: 2009-12-22
Language: en
Type: book-chapter
Indexed In: ['crossref']
Access and Citation
Cited By Count: 2
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